Suppose an american worker can make 20 pairs of shoes or grow 100 apples per day. on the other hand, a canadian worker can produce 10 pairs of shoes or grow 20 apples per day. the opportunity cost of one pair of shoes for the united states is while the opportunity cost of one pair of shoes for canada is choice a. 2.000 apples; 200 apples b. 5 apples; 2 apples c. 5 apple, ½ apple d. 100 apples; 20 apples

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)